22Bet is a great option for people who are starting their horse racing betting journey. A low minimum deposit amount of €1 makes the site highly accessible for all budget sizes. There's a wide range of payment options, including cryptocurrencies, and the customer support team is available on a 24/7 basis. While there is a good selection of regular horse racing betting promotions, the wagering requirements, particularly for the welcome bonus, are higher than average, with a minimum of three selections required per bet. The fact that there is no phone support also makes the customer support team less accessible than sites that include it.
Top 5 Horse Betting Sites By Caregory
Check out our top 5 horse betting sites, where you can find the best odds, extensive race coverage, and user-friendly platforms. These betting sites are perfect for both seasoned bettors and newcomers looking to place their wagers on the races.
Best Horse Racing Betting Site With €1 Deposit
Horse Betting Site With Dedicated Mobile App
More known for its casino games, Casumo also offers a sportsbook section with a good range of horse racing markets. Live updates are provided to sports fans, allowing you to be directly informed of major incidents. Casumo is also known for providing its customers with a variety of offers, including a loyalty program that rewards them for every bet. Playing on the go is also made easy with a dedicated mobile Casumo app. One thing we would like to see improved is the inclusion of cryptocurrency payment support, which is becoming more and more common with competitors.
Horse Betting Site With Cashback On Lost Bets
Unibet is one of the most well-known online sportsbooks in the world. There's a clear focus on sports betting here, with horse racing often being prominently featured in promotions and market availability. A 5% cashback on lost bets means you always walk away with something, and a dedicated mobile app makes it easy to bet while on the move. The 24/7 customer support can be contacted via live chat, email, or phone. Again, we are disappointed to see Unibet has yet to roll out cryptocurrency support, and there have also been reports from customers with issues regarding account verification.
Horse Betting Site With Regular Sportsbook Promotions
Mr Play provides customers with regular sportsbook promotions such as reload bonuses and free bets that can be used on horse racing. There is also a loyalty program, and you can earn points by placing bets. Mr Play also provides highly competitive odds for horse racing, meaning there is a higher potential for better payouts. There is, however, no Mr Play mobile app, and the customer support team is only available during limited hours specifically, between 7 AM and midnight IST.
Best Crypto Horse Betting Site
Dachbet is another sports betting site with a good selection of regular sportsbook promotions that you can use on horse races. Cryptocurrency payments are available here, and the dedicated mobile app provides a seamless transition between playing on your desktop and mobile devices. This bookie is somewhat let down by not having additional features such as live streaming, which is becoming more widely available from competitors. There is also no option to call the customer support team, which may put some punters off.
How We Review and Rank Horse Racing Betting Sites
When reviewing horse racing betting sites, casinoireland.com prioritises factors such as licensing, safety, betting options, promotions, and payment methods. We also look for accessible user interfaces, varied betting markets, and dedication to mobile optimisation and customer support.
Licensing, Regulation, and Safety
Choosing a licensed horse betting site ensures safety and fair play. Licensing information is typically found in the website's footer or in the terms and conditions. Betting at a licensed sportsbook means that your personal information and payment details are kept secure. We list only licensed (MGA, Curacao, UKGC) sportsbooks to ensure secure betting environments.
Horse Racing Betting Odds
We compare odds from various bookmakers for multiple events to ensure you get the best value. Horse racing fans can also compare odds themselves by visiting various online sportsbooks to get information on the latest odds instantly.
Horse Racing Betting Markets
Reviewing betting markets involves taking a look at the variety of betting options for different events. It is important that a horse racing site can provide a variety of markets for both minor and major events. You can check the availability of diverse markets on your chosen sites even before registering.
Betting Offers and Promotions
Top sites offer exclusive promotions for horse racing fans, such as free bets, reload bonuses, cashback offers, and acca boosts. You can expect big promotional campaigns during major events such as the Kentucky Derby or Royal Ascot. Many horse racing betting sites also have a loyalty program allowing you to gain rewards from placing cash bets. Check our site regularly for the latest offers.
Payments
A diverse selection of accepted payment methods processed quickly is something to be expected with modern online sportsbooks. We consider supported payment options, minimum transaction amounts, payment processing speeds, and any possible fees to recommend the best options.
Betting Features
Features like cash-out, live streaming, and expert insights add value to your betting experience. These are a great way for a sportsbook to stand out from the crowd as it gives you more power to place well-informed bets with decreased risk.
Horse Racing in Ireland
Horse racing is immensely popular in Ireland, and the industry provided the Irish economy with an astounding €2.46 billion in 2022. The sheer amount of money coupled with major events such as the Irish Derby has cemented horse racing as a much-loved sport in Ireland. Betting on horses has never been easier, thanks to online sports betting sites, which are widely available in the country. That means you don't need to go down to the tracks to immerse yourself in the world of international and Irish horse racing.
Horse Racing Betting Markets
Horse racing offers diverse betting options. In fact, one of the hardest things about getting into betting on horses is figuring out all the different options available to you.
- Win Bet: Betting on a horse to finish first. This is the most widely available bet you will find at an online sportsbook.
- Place Bet: Betting on a horse to finish in the top two or three.
- Show Bet: Betting on a horse to finish in the top three only.
- Exacta: Betting on the first two finishers in their exact order.
- Quinella: Betting on the first two finishers in any order.
- Trifecta: Betting on the first three finishers in their exact order.
- Superfecta: Betting on the first four finishers in their exact order.
- Daily Double: Betting on the winners of two consecutive races on a particular race day.
- Pick 3/Pick 4/Pick 5/Pick 6: Betting on the winners of three to six consecutive races on a particular race day. This is a bet that is usually incredibly high risk and high reward.
- Box Bet: Combining all possible betting combinations of a horse in the race to cover various outcomes.
- Wheel Bet: Betting on a horse to win while specifying the positions of other horses after 1st place.
Popular Horse Racing Events to Bet On
Online horse racing betting sites show a lot of love during major events. This usually comes in the form of enhanced offers and entire promotional campaigns dedicated to a specific event. It is, therefore, a great opportunity for bettors to get the best deals of the year.
The Epsom Derby
A prestigious event held annually in June in Epsom, England. The event has been going on for centuries, with its grand opening all the way back in 1780. It features a purse of £1,604,000 (approximately €1,866,000) as well as top-class three-year-old thoroughbreds and is a favourite for bettors due to its competitive nature.
Melbourne Cup
Known as "the race that stops a nation," this event occurs every November in Australia. It is renowned for its rich history and significant betting turnover. There's a purse of A$8,410,000 (approximately €5,150,000) at this event that was first inaugurated in 1861.
Dubai World Cup
Held annually in March, this event in Dubai is one of the richest horse races globally, attracting top talent and substantial betting activity. This thoroughbred event is a more recent addition that first started in 1996 and carries a hefty purse of $12,000,000 (approximately €11,093,000).
The Kentucky Derby
An iconic American race that is held in Louisville, Kentucky every May. It is famous for its traditions and draws substantial betting interest due to its prominence. More than 150,000 people attend this world-famous event every year, which has been ongoing since 1875. A purse of $5,000,000 approximately €4,622,000) ensures stiff competition for riders of colts, geldings, and fillies.
Our Horse Betting Site Picks 2024
How to Bet on Horse Racing?
Galloping into the world of horse racing betting is easy. You can be hot to trot within just a few minutes by following these steps:
Find your preferred online sportsbook
Consider what you are looking for in a horse racing sportsbook site and check reviews for what is most suitable for you.
Create an account
You will need to create an account to start betting. This will require you to fill out some personal details such as your name, email address, and some other basic information.
Make a deposit
Visit the site's cashier page and select your chosen deposit method alongside the amount you wish to deposit. You can also claim the site's welcome offer to get a boost to your first deposit.
Check the markets
Take some time to see what markets are available and at what odds. You can look at both pre-match and live events.
Build your bet
When you've found a fixture worth betting on, you can select it to start building your betting slip. You can stick with the single bet or make further selections to create a multi-bet. Make sure to double-check your selections before confirming.
Betting Tips and Strategies
Betting with blinkers on is a surefire way to ruin your bankroll. Effective bankroll management and using betting strategies are important to ensure that you are betting with a plan. You'll be far better off than those without one.
Tips For Novice Bettors
- Understand How to Read the Racing Form
Knowing the prior performances of horses and jockeys can mean the difference between picking a winning bet and picking a dud. Racing forms allow you to get a comprehensive analysis of various stats for each horse in the race. This can include performances during recent races, distances raced, conditions of those races, and what sort of training the horse has undergone. You can use these stats to compare horses against each other and align the most comparable performers to the current event's conditions. Those who bet with this kind of information in mind are likely to place more winning bets than those without. - Understand Class Levels in Horse Racing
A horse's rating will determine what class it comes under. Different classes tend to work in a tiered system, with higher class levels reflecting a higher level of competition. Horses can move up and down the classes, which is good to pay attention to. A horse dropping in class will likely start to perform much better, for example. You can visit the International Federation of Horse Racing site and other websites to find useful information on class levels and stats. - Watch Odds and Paddock Behaviour
Horses have their own personalities, and their behaviour in the paddock can change from race to race. This can be a great indicator of what is to come, especially when live betting. A horse that is acting nervous or skittish might be too distracted to perform well, for instance. Odds makers will also be paying attention to this and will reflect the odds accordingly during in-play betting.
Tips For Bettors With Experience
- Choose a Specific Type of Race
Horse racing is incredibly diverse, with various requirements for different events. A horse's class, breed, and track conditions are just some of the ways in which a race event can differ from another. It is, therefore, more effective to specialise in a specific type of race to consolidate your betting knowledge and foster more analytical and precise wagering. - Use Handicap Bets
Handicap betting allows you to even the odds when there are favoured horses in the race. A highly favoured horse will have a low payout potential, which is rectified through a handicap. The handicap will add extra weight to a horse based on its likelihood of winning. Using this in combination with stats such as individual race segment times and the impact of race day medication changes will allow you to make much more informed betting decisions. - Start To Use Hedging and Arbitration
Hedging and arbitration can be very time-consuming, but they provide an enticing path to more effective betting. This involves comparing odds across various bookies and looking for markets that have comparative odds on opposing outcomes. In a two-horse race, one site may have good odds on horse A to win, while another has equal odds that favour horse B more. You can hedge your bets on both horses to win across both sites and potentially come away with a profit in either scenario. This is complicated due to races involving more than two horses, which is why bets such as box and wheel bets will need to be used to make this strategy effective.
Summary - Final Thoughts
Ireland is a great horse racing betting nation. With major events hosted all over the world, you can always expect to find odds on the latest events. Betting on the horses has never been easier, with so much choice when it comes to picking a bookie. In fact, the hardest part of getting started is finding the right horse betting site for you. Do yourself a favour by checking back with us for the latest insights and horse racing betting offers.
Frequently Asked Questions About Horse Racing
Create an account and deposit at your chosen horse racing betting site to get things started.
It depends on your strategy, but spreading bets can mitigate risks.
No, this is typically not profitable, as your bet will be spread too thin.
Winnings depend on the odds and your stake.
Place bets are considered safer than win bets.
There is technically nothing stopping this, apart from a site's specific terms and conditions.
You can bet on more than one horse to win using box bets or multiple single bets.
Win, place, and show bets are the most common for beginners.
Analyse the racing form, odds, and paddock behaviour.
Place bets are generally safer.
Favourites win approximately one-third of the time.
Betting early can secure better odds, but it's crucial to stay updated on any last-minute changes. It helps if the site allows for cash outs.
Bet 80% of your stake on a likely winner and 20% on a long shot.
Informed betting with proper research and strategy.
Place bets are typically easier to win.
Exact amounts vary, but there have been multi-million dollar bets in high-profile races.
Each-way bets cover more outcomes and are safer for beginners.
Odds between 2/1 and 7/2 are common for winners.
Winnings are calculated based on odds and the stake amount.
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